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News
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LCG, January 21, 2026--Sage Geosystems, the company pioneering Pressure Geothermal, today announced that it closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions, including its first commercial next-generation geothermal power generation facility. Ormat Technologies, a vertically integrated company engaged in geothermal and recovered energy generation ("REG"), and Carbon Direct Capital, a growth equity investment firm, co-led Sage’s Series B round, representing the full backing of Sage and Pressure Geothermal technology from leaders in geothermal energy and growth capital.
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LCG, January 15, 2026--Origis Energy today announced that Meta and the company signed a long-term power purchase agreement (PPA) for the 240-MW (303-MWdc) Greyhound A Solar project in West Odessa, Texas. The Greyhound A Solar project is scheduled to achieve commercial operations by mid-2026.
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Industry News
Canadian Firms Buy Unfinished Bonneville Power Plant
LCG, Aug. 7, 2000--Two Canadian firms in a joint venture have purchased an unfinished 249 megawatt natural gas-fired power plant from the Bonneville Power Administration for $25.1 million and expect to renew construction before winter."We have not pushed the button on construction yet, but it will happen this fall," said Harvie Campbell, general manager of Westcoast power Inc. of Vancouver, British Columbia, which with Epcor Power Development Corp. of Edmonton, Alberta, bought the project from the U.S. federal power agency.The facility is located in Frederickson, Wash., southeast of Tacoma. It will be completed in combined-cycle configuration and supply power directly to users on bilateral contracts as well as sell power in the wholesale power exchanges.The joint venture, which calls itself Frederickson Power, said it will cost another $160 million to finish the plant, which has lain dormant since Bonneville acquired it from Tenaska Power Partners of Omaha, Neb., by accident.Tenaska acquired the 16-acre Frederickson site from the Port of Tacoma in 1994 for $2.2 million and arranged a long-term agreement with Bonneville for the plants output. Less than a year after construction began, Bonneville tried to weasel out of the power purchase contract and wound up owning the unfinished plant after paying Tensaka and its banks $340 million in damages.Subtracting the $25.1 million its getting for the facility, the taxpayer-owned utility is out $314.9 million without taking inflation into account. It is the worst financial bath Bonneville has taken since the mid-1970s when the Arab oil embargo scared it into an investment in the Washington Public Power Supply System nuclear power plant project.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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